OPEC Invites Guyana, But Membership Is Not Yet Cleared

The Organization of the Petroleum Exporting Countries (OPEC) has extended an invitation to Guyana, a nation rich in oil reserves, to consider joining the cartel. Yet, according to prevailing reports, the request has not moved forward, and Guyana remains on the outside looking in. The Wall Street Journal, drawing on conversations with two OPEC insiders, notes that the outreach was serious and ongoing, but it has not translated into formal membership steps at this time. This gap between invitation and entry underscores the nuanced calculus that any new member must weigh, including how a move might reshape national energy planning and economic strategy amid a volatile global oil market.